Employers cut back on health plans to avoid tax penalties

Employers who offer high-end health plans are scaling back to more modest options in order to avoid the so-called Cadillac tax, a penalty which is meant to encourage cost control. According to Bradley Herring, a health economist at Johns Hopkins Bloomberg School of Public Health, most plans -- 75% -- will be affected by the tax, pushing the higher costs onto employees.

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New York Times (tiered subscription model), The · SHRM Online